Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+
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The work Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+ represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
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Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+
Resource Information
The work Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+ represents a distinct intellectual or artistic creation found in University of San Diego Libraries. This resource is a combination of several types including: Work, Language Material, Books.
- Label
- Growing (Un)equal : Fiscal Policy and Income Inequality in China and BRIC+
- Title remainder
- Fiscal Policy and Income Inequality in China and BRIC+
- Statement of responsibility
- Serhan Cevik
- Language
- eng
- Summary
- This paper investigates the empirical characteristics of income inequality in China and a panel of BRIC+ countries over the period 1980-2013, with a focus on the redistributive contribution of fiscal policy. Using instrumental variable techniques to deal with potential endogeneity, we find evidence supporting the hypothesis of the existence of a Kuznets curve-an inverted Ushaped relationship between income inequality and economic development-in China and the panel of BRIC+ countries. In the case of China, the empirical results indicate that government spending and taxation have opposing effects on income inequality. While government spending appears to have a worsening impact, taxation improves income distribution. Even though the redistributive effect of fiscal policy in China appears to be stronger than what we identify in the BRIC+ panel, it is not large enough to compensate for the adverse impact of other influential factors
- Cataloging source
- LLB
- Government publication
- international or intergovernmental publication
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- Series statement
- IMF Working Paper,
- Series volume
- WP/15/68
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